Incoming U.S. Attorney General Loretta Lynch is unlikely to make radical changes to the Justice Department's focus on issues such as cyber- and financial crime, but her strong relationship-building skills could still help mend a rift between Congress and the DOJ, former colleagues say.
China is planning a “massive” mergers and acquisitions push in an effort to pare down the number of state-owned enterprises in the country down to 40 from over 100, Chinese state media reported Monday.
Chesapeake Energy Corp. will pay $25 million to settle allegations that it conspired to rig bids for publicly held Michigan oil and gas leases, state officials said Friday, while federal authorities are investigating Chesapeake’s ex-CEO for possible antitrust violations.
Wal-Mart Stores Inc., JCPenney Corp. Inc. and The Children’s Place Inc. were hit with a proposed class action on Thursday in Washington, D.C., federal court alleging that they were partially responsible for a Bangladesh clothing factory collapse two years ago that killed more than 1,000 workers.
Cleaning solution supplier Roanoke Companies Group Inc. has been awarded nearly $30 million after an arbitrator found it shouldered a disproportionate share of the liability in multidistrict litigation over illnesses and deaths caused by a grout sealing spray it sold to Home Depot Inc.
The California Supreme Court has dealt a major blow to a wave of law firms challenging San Francisco's voter-approved tax on partnership profit distributions, saying it would not review the dismissal of Coblentz Patch Duffy & Bass LLP's closely watched lawsuit seeking tax refunds.